Karpenko Institute For Nurturing And Developing Leadership Excellen
EIN: 411978699 · Bloomington, MN · NTEE: B60
| Metric | Value |
|---|---|
| Total Revenue | $435K |
| Total Expenses | $301K |
| Net Assets | $2.4M |
Is Karpenko Institute For Nurturing And Developing Leadership Excellen Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Karpenko Institute For Nurturing And Developing Leadership Excellen
Karpenko Institute For Nurturing And Developing Leadership Excellen (EIN: 411978699) is a nonprofit organization based in Bloomington, MN, classified under NTEE code B60. The organization reported total revenue of $435K and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Karpenko Institute For Nurturing And Developing Leadership Excellen's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Karpenko Institute For Nurturing And Developing Leadership Excellen is a small nonprofit that has been operating for 26 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 10.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $393K |
| Total Expenses | $301K |
| Surplus / Deficit | +$91K |
| Total Assets | $2.4M |
| Total Liabilities | $10K |
| Net Assets | $2.4M |
| Operating Margin | 23.2% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 96.0 months |
Financial Health Grade: A
In 2023, Karpenko Institute For Nurturing And Developing Leadership Excellen reported a surplus of $91K with revenue exceeding expenses, holds 96.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Karpenko Institute For Nurturing And Developing Leadership Excellen's revenue has grown at a compound annual growth rate (CAGR) of 10.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -17.2% | +13.6% | +8.8% |
| 2022 | +104.1% | +39.3% | -9.7% |
| 2021 | +11.9% | -13.7% | +21.1% |
| 2020 | +22.9% | +13.3% | +3.3% |
| 2019 | -25.4% | -12.0% | +3.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Karpenko Institute For Nurturing And Developing Leadership Excellen has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Karpenko Institute For Nurturing And Developing Leadership Excellen with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $91K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.4%.
Frequently Asked Questions about Karpenko Institute For Nurturing And Developing Leadership Excellen
Is Karpenko Institute For Nurturing And Developing Leadership Excellen a legitimate charity?
Based on AI analysis of IRS 990 filings, Karpenko Institute For Nurturing And Developing Leadership Excellen (EIN: 411978699) insufficient data. 0 red flags identified, 0 strengths noted.
How does Karpenko Institute For Nurturing And Developing Leadership Excellen spend its money?
Detailed spending breakdown data is not yet available for Karpenko Institute For Nurturing And Developing Leadership Excellen. Check back for updated IRS 990 analysis.
Are donations to Karpenko Institute For Nurturing And Developing Leadership Excellen tax-deductible?
Karpenko Institute For Nurturing And Developing Leadership Excellen is registered as a tax-exempt nonprofit (EIN: 411978699). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Karpenko Institute For Nurturing And Developing Leadership Excellen located?
Karpenko Institute For Nurturing And Developing Leadership Excellen is headquartered in Bloomington, Minnesota and files with the IRS under EIN 411978699. It is classified under NTEE code B60.
How many years of IRS 990 filings does Karpenko Institute For Nurturing And Developing Leadership Excellen have?
Karpenko Institute For Nurturing And Developing Leadership Excellen has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $435K in total revenue.
Filing History
IRS 990 filing history for Karpenko Institute For Nurturing And Developing Leadership Excellen showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Karpenko Institute For Nurturing And Developing Leadership Excellen's revenue has grown by 202.9%, moving from $130K to $393K. Total assets increased by 70.1% over the same period, from $1.4M to $2.4M. Total functional expenses rose by 35%, from $223K to $301K. In its most recent filing year (2023), Karpenko Institute For Nurturing And Developing Leadership Excellen reported a surplus of $91K, with revenue exceeding expenses. The organization holds $10K in liabilities against $2.4M in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $2.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $393K | $301K | $2.4M | $10K | — | View 990 |
| 2022 | $474K | $265K | $2.2M | $20K | — | View 990 |
| 2021 | $232K | $190K | $2.5M | $22K | — | View 990 |
| 2020 | $208K | $221K | $2.0M | $15K | — | View 990 |
| 2019 | $169K | $195K | $2.0M | $10K | — | View 990 |
| 2018 | $226K | $221K | $1.9M | $595 | — | View 990 |
| 2017 | $217K | $224K | $1.8M | $917 | — | View 990 |
| 2016 | $215K | $229K | $1.7M | $4K | — | View 990 |
| 2015 | $243K | $224K | $1.7M | $3K | — | View 990 |
| 2014 | $219K | $228K | $1.7M | $3K | — | View 990 |
| 2013 | $198K | $211K | $1.5M | $6K | — | View 990 |
| 2012 | $130K | $223K | $1.4M | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $393K, expenses of $301K, and assets of $2.4M (revenue -17.2% year-over-year).
- 2022: Revenue of $474K, expenses of $265K, and assets of $2.2M (revenue +104.1% year-over-year).
- 2021: Revenue of $232K, expenses of $190K, and assets of $2.5M (revenue +11.9% year-over-year).
- 2020: Revenue of $208K, expenses of $221K, and assets of $2.0M (revenue +22.9% year-over-year).
- 2019: Revenue of $169K, expenses of $195K, and assets of $2.0M (revenue -25.4% year-over-year).
- 2018: Revenue of $226K, expenses of $221K, and assets of $1.9M (revenue +4.2% year-over-year).
- 2017: Revenue of $217K, expenses of $224K, and assets of $1.8M (revenue +0.9% year-over-year).
- 2016: Revenue of $215K, expenses of $229K, and assets of $1.7M (revenue -11.6% year-over-year).
- 2015: Revenue of $243K, expenses of $224K, and assets of $1.7M (revenue +11.0% year-over-year).
- 2014: Revenue of $219K, expenses of $228K, and assets of $1.7M (revenue +11.0% year-over-year).
- 2013: Revenue of $198K, expenses of $211K, and assets of $1.5M (revenue +52.5% year-over-year).
- 2012: Revenue of $130K, expenses of $223K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Karpenko Institute For Nurturing And Developing Leadership Excellen:
Data Sources and Methodology
This transparency report for Karpenko Institute For Nurturing And Developing Leadership Excellen is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.